Summary - 403, St. Johns Road CO16 8DU
3 bed 1 bath Flat
Lifetime Lease option for buyers aged 60+ with substantial savings potential.
Three-bedroom first-floor maisonette with large living space
A spacious first-floor three-bedroom maisonette offering retirement-focused ownership through a Home for Life Lifetime Lease. The property provides a large living room, sizeable kitchen/breakfast room and a private roof terrace plus one allocated parking space. It is chain free and offered with an example Lifetime Lease price of £93,750 (market value listed at £140,000) — actual price varies by age and chosen safeguarded share (up to 50%).
Practical costs to budget for include a remaining lease of about 90 years, an estimated service charge of £1,000pa and ground rent of around £200pa. The building is mid‑20th century construction with double glazing and gas central heating, but the flat will benefit from updating in parts.
Location is urban with good mobile and fast broadband; nearby amenities and schools are within easy reach. Note the local area records above‑average crime and higher deprivation indices, which may be relevant for some buyers. The Lifetime Lease option is restricted to purchasers aged 60+, who should use the Homewise calculator or request a personalised quote to confirm savings and purchase terms.
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